Gather and manage data that helps guide investment, avoid risk, and make informed decisions.
- For each class of assets, define “state of good repair” and develop a living asset registry to better prioritize maintenance.
- Integrate data collection and management of all PBOT assets, including transit facilities, so decisions are data-driven.
- Measure the likelihood and consequence of asset failure—known as “asset criticality”—and prioritize reinvestment according to this measure
Indicators and Sample Measures
- Quality of Analysis
a. Percent of asset classes with high-confidence data
b. Percent of asset classes rated at a frequency in line with industry standards